Ibori's financial network

James Ibori, a Nigerian politician, built a complex financial network involving offshore accounts, real estate, and companies to conceal and move his wealth. He used foreign banks and shell companies to hide money, making it difficult for authorities to trace. His network facilitated the laundering of proceeds from corruption and embezzlement, often through multiple jurisdictions to obscure the origin and ownership. These illicit financial activities enabled him to accumulate significant assets and maintain influence, highlighting how such networks can exploit legal and financial systems to conceal illicit gains.